§ 12-403

Maryland § 12-403

• Jurisdiction: Maryland
• Article gec: Economic Development
• Title: 12

Text

(a) Subject to a public hearing under § 12–408 of this subtitle and to accomplish one or more of the legislative purposes listed in § 12–402 of this subtitle, the legislative body of a county or municipal corporation may adopt a local law to create a business improvement district in accordance with this subtitle.

(b) Subsection (a) of this section is self–executing and fully authorizes a county or municipal corporation to establish a district, notwithstanding any other statutory or charter provision.

(c) A local law adopted under subsection (a) of this section shall include:

(1) the name of the district corporation;

(2) that the district corporation is formed under this subtitle;

(3) the names, addresses, and terms of office of the initial members of the board of directors of the district corporation;

(4) the address of the principal office of the district corporation;

(5) the purposes for which the district is formed;

(6) the powers of the district, subject to the limitations on the powers of districts under this subtitle; and

(7) if applicable, articles of incorporation of the district corporation.